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Oct 6, 2012
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they are holding tax cut for 98% of american hostage until we pass tax cuts for the wealthiest 2% of americans. asked about how that we asked them how that helps the middle class. congress did to provide every responsible home owner a chance to save about $3,000 a year on the mortgage by refinancing at lower rates. i give them a plan to do that in february, a plan that has the support of independence and leaders across the housing industry. republicans will not the plan come to a vote. ask them how that helps home owners. third, congress need to step up and passed my plan to create a veteran's job corps to help our returning heroes find work as cops, firefighters, and park rangers and communities across the country. a few weeks ago, republicans in the state -- senate vote of the plan down. in other words, ask them to get back to work and get these things done. there is no time for political gains, even in a political season. everyone needs to do their part. if you agree with me, let your representative know where you stand. tell them that if they want your vote, they need to stand wi
they are holding tax cut for 98% of american hostage until we pass tax cuts for the wealthiest 2% of americans. asked about how that we asked them how that helps the middle class. congress did to provide every responsible home owner a chance to save about $3,000 a year on the mortgage by refinancing at lower rates. i give them a plan to do that in february, a plan that has the support of independence and leaders across the housing industry. republicans will not the plan come to a vote. ask them...
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Oct 10, 2012
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what $5 trillion tax cut? i don't know anything about a $5 trillion tax cut? when he is asked how he will cut the deficit, he says economic the mathematics work by eliminating public funding for pbs. this is not new. this is what he has been saying every time he is asked a question. he says we can cut out pbs. for all you moms and kids, don't worry, somebody finally has found out the big bird. who knew he was driving our deficit? elmo is making a run for the border and oscar is hiding in a trash can. governor romney will let wall street run rampant but he will bring down the hammer on sesame street. that is not leadership. that is salesmanship. we cannot afford it,. we cannot afford to double down on top down economics. we cannot afford another round of tax cuts for the well. we cannot afford to roll back regulations on wall street banks or insurance company. we cannot afford to cut our investments in education or clean energy or research or technology. that's not a jobs plan. does not plan to grow the economy. that is not change. that is a relapse. we have be
what $5 trillion tax cut? i don't know anything about a $5 trillion tax cut? when he is asked how he will cut the deficit, he says economic the mathematics work by eliminating public funding for pbs. this is not new. this is what he has been saying every time he is asked a question. he says we can cut out pbs. for all you moms and kids, don't worry, somebody finally has found out the big bird. who knew he was driving our deficit? elmo is making a run for the border and oscar is hiding in a...
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Oct 13, 2012
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and other taxes and an effective rate higher than romney pays his taxes. over 10% of them are senior citizens on social security. the rest are military vets and military personnel fighting right now. that is the 47% that this nation depends on to build this country. it is about time governor romney takes some responsibility. [applause] take some responsibility to help the american people, the middle class, instead of lining up to sign a pledge to a guy named grover norquist, sign a pledge -- [booing] no, i tell you, it would be funny if it were not so serious. i think the vast majority of the republicans in the house have signed a pledge that we will not raise taxes $1 on the wealthy. not one. and ladies and gentlemen, it is time romney and ryan and the republican congress to take a pledge to the middle class people saying we will level the playing field. we will get you back in the game. we will give you a fair shot again. [cheers and applause] it is time they acknowledged what got us into this trouble in the first place. they talk about this great recess
and other taxes and an effective rate higher than romney pays his taxes. over 10% of them are senior citizens on social security. the rest are military vets and military personnel fighting right now. that is the 47% that this nation depends on to build this country. it is about time governor romney takes some responsibility. [applause] take some responsibility to help the american people, the middle class, instead of lining up to sign a pledge to a guy named grover norquist, sign a pledge --...
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Oct 7, 2012
10/12
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that those perfectly misplaced priorities by republicans in voting to end medicare in order to fund tax cuts for millionaires, that those priorities have helped democrats across the board. governor romney chose paul ryan as his running mate on august 11. . before that, if you look at the polling in the country, it was pretty much tied. generics were really tight. maybe up one could after august 11, when governor romney decided to double down on the republican plan to and medicare to fund tax cuts for millionaires and big oil companies, it began to spread. instead of being in a neutral environment, we were up 1, 2 and 3. and then when todd aitken express' those horrific fox -- expressed those for fifth thoughts about rape, it raised it even more. and then independent voters in particular were reminded how extreme these people are and that these people have priorities that would in fact and in medicare in order to fund tax cuts for millionaires. the more republican ideas art articulated, the better we do in the polls. if the generics keep spreading, five or six or more, then we win back t
that those perfectly misplaced priorities by republicans in voting to end medicare in order to fund tax cuts for millionaires, that those priorities have helped democrats across the board. governor romney chose paul ryan as his running mate on august 11. . before that, if you look at the polling in the country, it was pretty much tied. generics were really tight. maybe up one could after august 11, when governor romney decided to double down on the republican plan to and medicare to fund tax...
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Oct 7, 2012
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after august 11th when governor romney decided to double down on the republican plan to fund tax cuts for millionaires and big oil companies, the generics began to spread. instead of being in a neutral environment, we were up one, two and the. then when todd akin in late august expressed those horrific thoughts and not what he said that bothered me but what he thought about some legitimacy to forms of rape, it widen even more then disclosures of the republican romping in the sea, the generics spread even more. independent voters were reminded how extreme the people are and that these people have priorities that would, in pack, end their medicare, in order to fun the tax cuts for millionaires. the more republican priorities are articulated the better we do. so in august, the nbc "wall street journal" generic had us up one. this week, we are up four in the generics. if they keep spreading if they get fife or six or more then we win back the house. direct correlation between the gen ir ache polling and the ability to win back the house and right now it is going in the right direction. >>
after august 11th when governor romney decided to double down on the republican plan to fund tax cuts for millionaires and big oil companies, the generics began to spread. instead of being in a neutral environment, we were up one, two and the. then when todd akin in late august expressed those horrific thoughts and not what he said that bothered me but what he thought about some legitimacy to forms of rape, it widen even more then disclosures of the republican romping in the sea, the generics...
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Oct 10, 2012
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according to the tax policy center, last year the bush tax cuts increased after -- after tax incomes for people making over $1 million by an average of 6.2%. that's about $129 a household but for those with incomes between $40,000 and $50,000 the increase was 2.2%. over time, our tax code has wydened the nation's wealth gap. reversing this trend ought to be a top goal of tax reform. at a minimum we certainly should not make the tax code any less progressive than it would be if the high income tax cuts expired. but in 1986 approach -- sorry, in 1986 style approach that promises upfront rate cuts to the wealthy is almost guaranteed to give middle income earners the short end of the stick. the reason is in order to raise enough money to both reduce rates and cut the deficit you would need to slash deductions and credits on a far greater scale than we did in 1986. middle income earners would not be spared. and because middle income earners so rely on these expenditures, the cost of losing them would likely exceed the benefit they received from a lower great. multiple experts verified tha
according to the tax policy center, last year the bush tax cuts increased after -- after tax incomes for people making over $1 million by an average of 6.2%. that's about $129 a household but for those with incomes between $40,000 and $50,000 the increase was 2.2%. over time, our tax code has wydened the nation's wealth gap. reversing this trend ought to be a top goal of tax reform. at a minimum we certainly should not make the tax code any less progressive than it would be if the high income...
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Oct 6, 2012
10/12
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when you take that with state income tax and payroll tax and real-estate taxes and gasoline taxes, all together that means small business that are highly successful will end up giving more of what they have the government. that will kill jobs. i do not want to kill jobs. my priority is to create jobs, and i will do that with everything i can do. we can do better. we do not have to stay on the path we have been on. there was a report that came out this morning on job creation this last month. there were fewer new jobs created this month than last month. the unemployment rate has come down very slowly, but it has come down nonetheless. the reason it has come down this year is due to the fact that more and more people have just stopped looking for work. if you drop out of the workforce, give up and say i cannot go back to work, i will stay home, if you drop out altogether, you're no longer part of the statistics. it looks like unemployment is getting better, but if the same share of people were participating in the workforce today as on day the president got elected, unemployment would be
when you take that with state income tax and payroll tax and real-estate taxes and gasoline taxes, all together that means small business that are highly successful will end up giving more of what they have the government. that will kill jobs. i do not want to kill jobs. my priority is to create jobs, and i will do that with everything i can do. we can do better. we do not have to stay on the path we have been on. there was a report that came out this morning on job creation this last month....
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Oct 6, 2012
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we have significant features of the individual income tax, corporate income tax, the estate tax, and apparel text which expire at the end of the year. in a deep sense, we don't know what our tax code is anymore. it would be nice if we emerged on the far side of the fiscal cliff with our leaders could get us back to a situation where we actually know what the tax code is. >> thank you. our next speaker -- speaker will be bob greenstein. >> there are two risks here. the obvious risk to the economy in the short term -- if we go over the fiscal cliff and the aggregate demand comes out of the economy that we will have a relatively mild recession in the first part of 2013 and we would be back and recovery by the second half of 2013. it would be a recession on top of where we are and that is not good. the bigger risk is the rest to the economy in the long term if we keep kicking the can down the road. how do we think about this? there's an interesting report that came out several months ago from the carlyle group. i want to briefly read what it includes. it says there will be a grand bargai
we have significant features of the individual income tax, corporate income tax, the estate tax, and apparel text which expire at the end of the year. in a deep sense, we don't know what our tax code is anymore. it would be nice if we emerged on the far side of the fiscal cliff with our leaders could get us back to a situation where we actually know what the tax code is. >> thank you. our next speaker -- speaker will be bob greenstein. >> there are two risks here. the obvious risk...
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Oct 12, 2012
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if the president is reelected, we know the taxes will go up. the vice-president said we will raise taxes. >> we are taking, facebook. people have strong opinions, but they are all over the lot. for example -- we'd like to hear what you think it. let's hear next from scott. >> i have expressed my disappointment with the election or with the debate to based on the two people that were discussing. i think there could have been more clarity on the rise in's park on trying to deliver -- on rye and's part on trying to deliver what he was trying to implement. i mentioned before that the joe biden side was a little bit more of a used-car salesman approach. he tried to spell out how he felt about it. he fell to rise and that could have done a lot better. i guess the democrats are thinking the, thank god the they have joe biden tonight. >> next up is a call from vee from florida. >> i really went on vice president joe biden. i just see the experience. i see the sincerity of in his response. i could feel his love for the people. with paul ryan, first of a
if the president is reelected, we know the taxes will go up. the vice-president said we will raise taxes. >> we are taking, facebook. people have strong opinions, but they are all over the lot. for example -- we'd like to hear what you think it. let's hear next from scott. >> i have expressed my disappointment with the election or with the debate to based on the two people that were discussing. i think there could have been more clarity on the rise in's park on trying to deliver --...
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Oct 14, 2012
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-- taxes on that money and the only tax on capital gains you pay is earned. host: do you think this issue comes up enough in the ads? caller: nom, it's not. host: do you think that adds should have a different focus? caller: i think they should focus on what will happen now. they should go back and see what they have done and what they say they will do now. host: stick a look at another at ad - >> we the people, the middle class to move this country for, work hard, raise families and keep america strong. amid run the budget plan will hurt the image it -- the middle class, raising taxes on the average family by up to $2,000 like giving a tax break of $250,000 to multimillionaire's. does and mitt romney understand that we cannot rebuild america by tearing down the middle class? host: one of the pro- obama ads - pennsylvania on our republican line, good morning. caller: good morning, a most interesting discussion. i think the ads reflect a lack of character in this country. the founding fathers said that the republic system of government demands at this and the
-- taxes on that money and the only tax on capital gains you pay is earned. host: do you think this issue comes up enough in the ads? caller: nom, it's not. host: do you think that adds should have a different focus? caller: i think they should focus on what will happen now. they should go back and see what they have done and what they say they will do now. host: stick a look at another at ad - >> we the people, the middle class to move this country for, work hard, raise families and keep...
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Oct 7, 2012
10/12
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economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. we should bring the tax rates down. for corporations and individuals. for us not to lose revenue, i lowered deductions and credits and intentions so we keep taking in the same money when you account for growth. energy is critical. the president pointed out that production of oil and gas in the u.s. is up but not due to hisall of the increase in natural private land, not on government land. your administration has cut the number of permits and licenses in half. if i am president, i will doublei like coal. people in the coal industry feel like it is getting crushed by your policies. i w
economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. we should bring the tax rates down. for corporations and individuals. for us...
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Oct 14, 2012
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it is a far more efficient tax system so it gets this huge waste, this coefficient cost, not a bad tax system, a legal system, uncertainty. you would have had better growth. i'd think it was four to one, or whatever it was, but close enough would have been good enough. it does not have to be exactly right. once. starting a down, it would pay for a lot. >> the united states has been now growing at roughly half of what you might call the modern historic rate of economic growth. we're growing in fiscal 2002, give or take. if you were advising the next president, be it obama or romney, to sayublicly here are the few things we should do in order to generate economic growth, one would obviously be some kind of comprehensive budget deal, but what else would be the -- on the jamie dimon list? >> america is a great country. the president should recognize one thing for certain. i think this attitude is just not true. we of the best military on the planet and we will four years. we have the most transparent capital markets in spite of what happened. investment, of capital, private equity. we have
it is a far more efficient tax system so it gets this huge waste, this coefficient cost, not a bad tax system, a legal system, uncertainty. you would have had better growth. i'd think it was four to one, or whatever it was, but close enough would have been good enough. it does not have to be exactly right. once. starting a down, it would pay for a lot. >> the united states has been now growing at roughly half of what you might call the modern historic rate of economic growth. we're...
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Oct 11, 2012
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if reported federal taxes and state and local taxes. that year, i happen to bail out of state and local taxes which are deducted from the other. i looked at the other day and we have paid 42% of our gross income in taxes. mr. mondale the other night took -- i will be honest, i thought it was a cheap shot at me. we did little looking around to see about his. we can not find his 1981 tax return. it might have been released. but we did find test beds his income for those three years is $1,400,000. i think he paid about the same percentage i did in total taxes. he also made a reference that troubled me very much. he was talking about my chauffeur. i am driven to work by the secret service. so is mrs. ferraro. so is mrs. -- so is mr. mondale. they protected his life for four years and now they have done a beautiful job for barbara and i and they saved the life of the president of the night of states. i thought that was a cheap shot to try to divide class, rich and poor. it is and whether mrs. ferraro is doing well. i think they are doing pre
if reported federal taxes and state and local taxes. that year, i happen to bail out of state and local taxes which are deducted from the other. i looked at the other day and we have paid 42% of our gross income in taxes. mr. mondale the other night took -- i will be honest, i thought it was a cheap shot at me. we did little looking around to see about his. we can not find his 1981 tax return. it might have been released. but we did find test beds his income for those three years is $1,400,000....
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Oct 12, 2012
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tax cut unless you give the tax cut for the super wealthy. it is about time they take some responsibility. >> joe and i are from similar towns. do you know what the unemployment rate in scranton is today? 10%. that is how is going all around america. >> that is not how it is going. it is going down. >> did they inherit a tough situation? absolutely. but we're going in the wrong direction. the economy is barely limping along. it's growing at 1.3%. job growth in september was slower than it was in august and august was slower than it was in july. we're heading in the wrong direction. 23 million americans are struggling for work. 15% of americans are living in poverty. this is not what a real recovery looks like. we need real reforms for a real recovery. that is exactly what we are proposing. get america energy independent by the end of the decade. get this deficit and debt under control. make trade work for america. champion small businesses, do not raise taxes on small businesses. they are our job creators. he talks about detroit. mitt romney
tax cut unless you give the tax cut for the super wealthy. it is about time they take some responsibility. >> joe and i are from similar towns. do you know what the unemployment rate in scranton is today? 10%. that is how is going all around america. >> that is not how it is going. it is going down. >> did they inherit a tough situation? absolutely. but we're going in the wrong direction. the economy is barely limping along. it's growing at 1.3%. job growth in september was...
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Oct 6, 2012
10/12
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we are going to help the working guy defeat the flat tax. i think obama said in his interview on reddit that he would pursue a constitutional amendment. he is saying, i will go door-to- door on this and i will make this our rallying cry across the country as a way to get support for my side. you could win people over by that. you could say, these guys are getting taking care of because they used to be -- this election is a little different, but it used to be, just the last two cycles, that was the bipartisan cry, right? that is what john mccain ran on to a large extent in 2008. i will get the powers that be in washington to reject special interest in washington. there is our real interest for one party to take this on and use it as a way of mobilizing. >> at the same time as the bipartisan ground has disappeared, it has become a much bigger issue among democrats. not only on the ground. senator feingold was a little bit -- you know, in many ways, that was a miracle. it was quite a political miracle. the democrats controlled congress until 20
we are going to help the working guy defeat the flat tax. i think obama said in his interview on reddit that he would pursue a constitutional amendment. he is saying, i will go door-to- door on this and i will make this our rallying cry across the country as a way to get support for my side. you could win people over by that. you could say, these guys are getting taking care of because they used to be -- this election is a little different, but it used to be, just the last two cycles, that was...
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Oct 12, 2012
10/12
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tax cut unless you give the tax cut for the super wealthy. it is about time they take some responsibility. >> joe and i are from similar towns. do you know what the unemployment rate in scranton is today? 10%. that is how is going all around america. >> that is not how it is going. it is going down. >> did they inherit a tough situation? absolutely. but we're going in the wrong direction. the economy is barely limping along. job growth in september was slower than it was in august and august was slower than it was in july. we're heading in the wrong direction. 23 million americans are struggling for work. 15% of americans are living in poverty. this is not what a real recovery looks like. we need real reforms for a real recovery. that is exactly what we are proposing. get america energy independent by the end of the decade. get this deficit and debt under control. make trade work for america. champion small businesses, do not raise taxes on small businesses. they are our job creators. he talks about detroit. mitt romney is a car guy. this is
tax cut unless you give the tax cut for the super wealthy. it is about time they take some responsibility. >> joe and i are from similar towns. do you know what the unemployment rate in scranton is today? 10%. that is how is going all around america. >> that is not how it is going. it is going down. >> did they inherit a tough situation? absolutely. but we're going in the wrong direction. the economy is barely limping along. job growth in september was slower than it was in...
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Oct 13, 2012
10/12
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>> tax and cut, tax and spend? which is better? it tells you if we borrow money -- why government feels it need to take our money away from us? if we have opportunity to invest it in job creation? why can't the government learn to balance its budget? why can't the government tighten its belt like everyone out here in this audience has to but this government does not want to. we're not going to be able to cut spending enough to balance the budget. we need to grow the economy in the way you grow the economy, you take every last dime out of the economy. you let that money stay in and circulate and grow and create the jobs necessary and build that more secure future. you cannot continue to tax your way into prosperity. you can't spend your way into prosperity. small business is the solution if you get the government off the backs. you can't in fact, have more people hired, keep those that already have jobs and expand our economy. you don't do it by raising taxes during a recession. >> well, the fact is if you want to talk about job cre
>> tax and cut, tax and spend? which is better? it tells you if we borrow money -- why government feels it need to take our money away from us? if we have opportunity to invest it in job creation? why can't the government learn to balance its budget? why can't the government tighten its belt like everyone out here in this audience has to but this government does not want to. we're not going to be able to cut spending enough to balance the budget. we need to grow the economy in the way you...
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Oct 13, 2012
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we have to keep americans' taxes low. all americans' taxes low. let's not raise taxes on anybody today. we obviously have to stop this spending spree that's going on in washington. do you know that we've laid a $10 trillion debt on these young americans who are here with us tonight, $500 billion of it we owe to china? we've got to have a package of reforms and it has got to lead to reform prosperity and peace in the world. and i think that this problem has become so severe, as you know, that we're going to have to do something about home values. you know that home values of retirees continues to decline and people are no longer able to afford their mortgage payments. as president of the united states, alan, i would order the secretary of the treasury to immediately buy up the bad home loan mortgages in america and renegotiate at the new value of those homes, at the diminished value of those homes and let people be able to make those payments and stay in their homes. is it expensive? yes. but we all know, my friends, until we stabilize home values
we have to keep americans' taxes low. all americans' taxes low. let's not raise taxes on anybody today. we obviously have to stop this spending spree that's going on in washington. do you know that we've laid a $10 trillion debt on these young americans who are here with us tonight, $500 billion of it we owe to china? we've got to have a package of reforms and it has got to lead to reform prosperity and peace in the world. and i think that this problem has become so severe, as you know, that...
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Oct 7, 2012
10/12
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federal income, state sales tax, property tax cab gas tax, over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. >> what is main street's reaction? we have two of our most outspeaken regulars here to discuss. app entrepreneur and best-selling author, find him at rural 1 investing upon the com. carol roth, can you find her at carolroth.com. good to you you guy he. >> you too, j. >> i think it is clear that romney ran all over obama. from a small business owner's perspective he addressed the issues we have not seen addressed offer the laugh four years. most notably, how are we going to get this economy growing again because from a small business owner's perspective, that is what is going to get them hiring and make them more successful. if the economy grows, more people are buying from them. there's more confidence, and it is just a self fulfilling prophecy. >> what we are dealing with here, four years -- apart from what presi
federal income, state sales tax, property tax cab gas tax, over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. >> what is main street's reaction? we have two of our most outspeaken regulars here to discuss. app entrepreneur and best-selling author, find him at rural 1 investing upon the com. carol roth, can you find her at carolroth.com....
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Oct 9, 2012
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we were able to continue to cut our taxes, consumer sales tax on food as well as cut business taxes. we have been able to work with the legislature in a bipartisan manner to address many of the main concerns. with bipartisan support, we were able to pass the first shale drilling regulatory bill. we were able to pass: safety bills. we were able to address problems with substance abuse and west virginia. we took on our last big liability. it was $10 million. we have come a long way, but we have a long way to go. we have people out there suffering, still looking for jobs. we will need to continue to do what we can to help those. we will continue to improve our education system to make sure our children have world-class education. we need to continue to look at our infrastructure at all levels, broadband, highways, water could continue to make west virginia business families so we can attract jobs. i want to say to the voters, i will always. west virginia first. >> thank you, governor. mr. maloney? >> i am tired of hearing the same old excuses. it could have been a lot better. every time
we were able to continue to cut our taxes, consumer sales tax on food as well as cut business taxes. we have been able to work with the legislature in a bipartisan manner to address many of the main concerns. with bipartisan support, we were able to pass the first shale drilling regulatory bill. we were able to pass: safety bills. we were able to address problems with substance abuse and west virginia. we took on our last big liability. it was $10 million. we have come a long way, but we have a...
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Oct 7, 2012
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[video clip] >> my tax plan has lowered taxes for 98% of families, but i also lowered taxes for small businesses 18 times. what i want to do is continue the tax rates, the tax cuts we put into place for small businesses and families, but i have said for incomes over $250,000 per year that we should go back to the rates we had when bill clinton was president creating 23 million new jobs and creating more millionaires to boot. we can not only reduce the deficit, encourage job growth through small businesses that we're able to make the investments that are necessary in indication our energy. host: president obama wednesday night at the first debate. alan viard. guest: there are a few things i would take issue with. the bush tax cut to expire for the high income levels and we would be going back to the rate prevailed under president clinton. that is not quite right. there will be a new tax called the unearned medicare income tax will impose an extra 3.8% on interest, dividends, and capital gains. that will be 3.8% higher than clinton tax rates. there will also be a medicare tax will incre
[video clip] >> my tax plan has lowered taxes for 98% of families, but i also lowered taxes for small businesses 18 times. what i want to do is continue the tax rates, the tax cuts we put into place for small businesses and families, but i have said for incomes over $250,000 per year that we should go back to the rates we had when bill clinton was president creating 23 million new jobs and creating more millionaires to boot. we can not only reduce the deficit, encourage job growth through...
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Oct 13, 2012
10/12
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the bush era tax cuts do not do enough. we need to abolish tax cuts -- taxes entirely. barack obama said he did not want to raise taxes on the middle class because the middle class buys cars. so did the rich. the rich spend money, too. the rich are part of the crowd that invest money to create jobs. that is what we need to be doing in america -- cutting everybody's taxes as far as possible. >> we got you. congressman, would you ok $3 in spending cuts for every $1 and revenue? >> you will never get that bargain. i believe there are some republicans who say you go -- if you lower the top tax rate, that you cannot produce any new revenue for government. i do not believe that. i say if we generate new revenue, then pay down the debt faster, by down the rate further. so i am not one who says he cannot generate any new revenue. there was a question a while ago about and ethanol subsidy that i have been trying to get rid of for years. we finally did. that is about $6 billion. some republicans said if you get rid of that -- it's price revenue neutral. get rid of a bad subsidy.
the bush era tax cuts do not do enough. we need to abolish tax cuts -- taxes entirely. barack obama said he did not want to raise taxes on the middle class because the middle class buys cars. so did the rich. the rich spend money, too. the rich are part of the crowd that invest money to create jobs. that is what we need to be doing in america -- cutting everybody's taxes as far as possible. >> we got you. congressman, would you ok $3 in spending cuts for every $1 and revenue? >> you...
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Oct 9, 2012
10/12
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according to the tax policy center, last year, the bush tax cut increased after-tax incomes for people making over $1 million by an average of 6.2%. that is about 120 to die now -- about $129,000 per household. the increase was only 2.2% for those earning $50,000. over time, our tax code has widened the nation's wealth gap. reversing this trend should be a top goal of tax reform. at a minimum, we certainly should not make the tax code and a less progressive than it would be if the high income tax cuts expired. in 1986 -- a 1986-style approach that promises up from rate cuts to the wealthy is almost guaranteed to give middle-income earners the short end of the stick. the reason is, in order to raise enough money to reduce rates and cut the deficit, you would need to slash deductions and credits on a far greater scale than we did in 1986. middle income earners would not be scared. -- spared. because middle-income earners rely on these expenditures, the cost of losing that likely exit the benefit they would receive from a lower rate. multiple experts have verified this. the joint economic
according to the tax policy center, last year, the bush tax cut increased after-tax incomes for people making over $1 million by an average of 6.2%. that is about 120 to die now -- about $129,000 per household. the increase was only 2.2% for those earning $50,000. over time, our tax code has widened the nation's wealth gap. reversing this trend should be a top goal of tax reform. at a minimum, we certainly should not make the tax code and a less progressive than it would be if the high income...
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Oct 14, 2012
10/12
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tax cut unless you give the tax cut for the super wealthy. it is about time they take some responsibility. >> joe and i are from similar towns. do you know what the unemployment rate in scranton is today? 10%. that is how is going all around america. >> that is not how it is going. it is going down. >> did they inherit a tough situation? absolutely. but we're going in the wrong direction. the economy is barely limping along. job growth in september was slower than it was in august and august was slower than it was in july. we're heading in the wrong direction. 23 million americans are struggling for work. 15% of americans are living in poverty. this is not what a real recovery looks like. we need real reforms for a real recovery. that is exactly what we are proposing. get america energy independent by the end of the decade. get this deficit and debt under control. make trade work for america. champion small businesses, do not raise taxes on small businesses. they are our job creators. he talks about detroit. mitt romney is a car guy. this is
tax cut unless you give the tax cut for the super wealthy. it is about time they take some responsibility. >> joe and i are from similar towns. do you know what the unemployment rate in scranton is today? 10%. that is how is going all around america. >> that is not how it is going. it is going down. >> did they inherit a tough situation? absolutely. but we're going in the wrong direction. the economy is barely limping along. job growth in september was slower than it was in...
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its own police force, no income tax, no sales tax, no capital gains tax to all the property tax and no federal regulation. it sounds good to me. the man behind it joins us now from honduras. you came on the show a year ago to discuss the idea of a free city and its thousand you have made progress. >> we made considerable progress. we expect we will be able to break ground within 30 days after the honduran government finalizes the legislation identifying the regions and also appointing a governor. john: already the honduran legislature passed the bill authorizing the general principles 126-1. they are behind it. >> incredibly popular. congress realizes the best hope for prosperity is to create a special development regions. model that the special development regions that have been so spectacularly successful in china which has cities scale special development regions. also dubai which had 110-acre region that had its own legal system that imported british common law "by international financial center which resulted in billions of dollars of capital flowing in and one of the greatest fin
its own police force, no income tax, no sales tax, no capital gains tax to all the property tax and no federal regulation. it sounds good to me. the man behind it joins us now from honduras. you came on the show a year ago to discuss the idea of a free city and its thousand you have made progress. >> we made considerable progress. we expect we will be able to break ground within 30 days after the honduran government finalizes the legislation identifying the regions and also appointing a...
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Oct 9, 2012
10/12
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CSPAN
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there are new taxes. as far as the pipeline, that is something the obama administration will revisit after the election. they cut off the decision, and that is something president obama said they would look at that again. host: john in north carolina tweets in, extend the mall, or repeal the mall. we cannot continue to always tax the other guy. here's a question from twitter. we will lobbyist be present during this sequence -- secret meeting. guest: it is a very good question can i do not know who is on tap today, but i do know that the gang has a lot of friends and allies and freelance members of the senate that come in and come out of meetings enjoying immense sum of these discussions. -- and joined in on some of these discussions. there have been meetings with stakeholders. i do not know if you would call them lobbyists, but business leaders, others that could provide input, and that is probably a good question to do some digging on, to see the role that lobbyists are playing because we know that tax l
there are new taxes. as far as the pipeline, that is something the obama administration will revisit after the election. they cut off the decision, and that is something president obama said they would look at that again. host: john in north carolina tweets in, extend the mall, or repeal the mall. we cannot continue to always tax the other guy. here's a question from twitter. we will lobbyist be present during this sequence -- secret meeting. guest: it is a very good question can i do not know...
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Oct 12, 2012
10/12
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we should look at how we structure tax collection and business taxes. start looking at decrease in business taxes and creating a scenario where we are the lowest in the business tax in the midwest. empowerment of our small businesses, empowerment of youth coming out of school, if we really want to make indiana stronger, what i have heard across the state is that we want to stay here and work. we have restrictions put in front of us. we have to create a scenario where when you want to go to work, there is the ability to do that. if you do not have the education, we better start helping. if we keep filling an hour detention centers, if we keep helping the biggest of the big, eliminating the ability for a fair and level playing field, we are all going to struggle. being able to give indiana back the ability to go to work, that is what i want to do for indiana. the i want to stand up and show how we have put hundreds of people to work and how we have brought back industry to indiana, how we will empower the state and carry it into the future. >> as i have t
we should look at how we structure tax collection and business taxes. start looking at decrease in business taxes and creating a scenario where we are the lowest in the business tax in the midwest. empowerment of our small businesses, empowerment of youth coming out of school, if we really want to make indiana stronger, what i have heard across the state is that we want to stay here and work. we have restrictions put in front of us. we have to create a scenario where when you want to go to...
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Oct 8, 2012
10/12
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under his plan, there are born to be tax reliefs for middle- class -- there are going to be tax reliefs for middle class. on the second question, which i believe was growing the base. absolutely. you can do both of the same time. one of the reasons we do not have enough revenue in the government is there is not a big tax base. question, amonghird specific policies, the first thing is president obama has not really done anything to fix the economy. under his plan he passed a stimulus that was by all accounts called ineffective, only added to the debt. he has proposed various measures that have received no support. there was a budget for the united states of america where he had zero democratic votes in the house and senate. what policies? i disagree with the stimulus. i disagree with the various bailout. the other thing is policy. he has not really given a positive vision for america. mitt romney, often people say he has not given details in his plan. the fact of the matter is president obama has not given us a plan. host: william from portsmouth, ohio. good morning. caller: hello? host:
under his plan, there are born to be tax reliefs for middle- class -- there are going to be tax reliefs for middle class. on the second question, which i believe was growing the base. absolutely. you can do both of the same time. one of the reasons we do not have enough revenue in the government is there is not a big tax base. question, amonghird specific policies, the first thing is president obama has not really done anything to fix the economy. under his plan he passed a stimulus that was by...
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Oct 10, 2012
10/12
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it cuts taxes further. beyond the bush tax cuts for the wealthy. i think there's still a lot of back and forth flip-flopping whatever you want to call it strategic ambiguity what mitt romney is saying. host: let's go to stamford, connecticut, bob you're up next. caller: good morning. i'm an informed voter and i spent 30 plus years in the consulting industry and i don't know how to create jobs and people would have you believe is possible. there's a number of factors that led to the current condition and i don't hear anybody talking about what's going to be done to alleviate those factors. going to give you a couple examples. one is the banks. the availability of money. two, is the confidence in wall street. so many got burned, very few people private investors, want to take chance on investing money. three oil, the war in iraq, restricted the flow out of one of the major producers when congress petitioned for that oil around the world which was increasing at a dramatic rate. finally, new industries, previously in all of the recoveries there were al
it cuts taxes further. beyond the bush tax cuts for the wealthy. i think there's still a lot of back and forth flip-flopping whatever you want to call it strategic ambiguity what mitt romney is saying. host: let's go to stamford, connecticut, bob you're up next. caller: good morning. i'm an informed voter and i spent 30 plus years in the consulting industry and i don't know how to create jobs and people would have you believe is possible. there's a number of factors that led to the current...
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Oct 11, 2012
10/12
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the corporate tax. we have the highest corporate tax in the world. it's one of the reasons why jobs are going overseas because we have taxed and regulated american jobs out of business. we don't want american jobs to compete, we want them to dominate. we want to be able to dominate the world market and we believe that the ability to do that is reducing taxing and regulation on american companies. host: i want to get a republican phone call here for robby mook. this is debby in houston, texas. caller: good morning i'm a tea partier and i'm getting tired of hearing them bad mouth the tea party as sort of conspiracy. let me explain to you, we started the tea party because we were sick and tired what was going on in washington by both the democrats and the republicans. we were tired of it. mr.mook, i hate to tell you but the democrats do nothing but lie which is why you're blaming mitt romney for lying. don't call the kettle black when you're black. i'm going it tell you, i listen to c-span and i listen to
the corporate tax. we have the highest corporate tax in the world. it's one of the reasons why jobs are going overseas because we have taxed and regulated american jobs out of business. we don't want american jobs to compete, we want them to dominate. we want to be able to dominate the world market and we believe that the ability to do that is reducing taxing and regulation on american companies. host: i want to get a republican phone call here for robby mook. this is debby in houston, texas....
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Oct 9, 2012
10/12
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separate taxes from parallel taxes. it was enacted to enoccur wealthy individuals work its way down the income chain. romney wants do away with it all together. obama could like to replace it. he would like to replace it it requires millionaires making over a million collars would be kiered to pay 30 percent in taxes. >> in a city like new york your stackses are going to go up and you will be paying 30 percent. >> if you make a physical boll lashes in new york you are considered making nothing. >> that is confusing. s is now 25 after the hour. president obama said they were an example of rebounding the economy. after making chevy volt batteries one plant is seeing anything but green. after supporting romney and ryan another celeb has a message for hollywood. >> quarter pounder, chicken? no? >> quarter pounder. look at this. look at this. quarter pounder. >> you know we all know campaign karl. he is on the pain with rit romney. mitt romney trying to convince romney to eat the burger. he is panning out burgers. lots of ph
separate taxes from parallel taxes. it was enacted to enoccur wealthy individuals work its way down the income chain. romney wants do away with it all together. obama could like to replace it. he would like to replace it it requires millionaires making over a million collars would be kiered to pay 30 percent in taxes. >> in a city like new york your stackses are going to go up and you will be paying 30 percent. >> if you make a physical boll lashes in new york you are considered...
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Oct 6, 2012
10/12
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everybody knows taxes are due on april 15. we set up tax centers on the base three months prior and we take active duty military personnel off their regular duties and they go in and assist people with their taxes. you have people assisting with federal and state taxes. we provide nothing of the sort for voting registration. the move act was supposed to get offices set up on the basis. everybody could have gone in to check in with that voting assistance officer. that has never been in place while we were on active duty. we don't want a stack of voter registration ballots sitting on a counter somewhere. we want them to physically go in and say whether they want to register or not. this is the only way we can track it and find out if it is sure apathy which i find hard to believe. or is it just not having access? host: there is a project called a military voter protection project and they compared 2008 ballot requests and 2012 ballot requests and looking at key states, they thought there was a great difference as far bell reques
everybody knows taxes are due on april 15. we set up tax centers on the base three months prior and we take active duty military personnel off their regular duties and they go in and assist people with their taxes. you have people assisting with federal and state taxes. we provide nothing of the sort for voting registration. the move act was supposed to get offices set up on the basis. everybody could have gone in to check in with that voting assistance officer. that has never been in place...
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Oct 8, 2012
10/12
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focusing tax cut on the middle class, not as linda mcmahon does by focusing tax cut on the affluent and the rich. my focus is reinvesting in the educational system, not the funding are most potent asset in the state. >> the next question is for mrs. mcmahon. >> is the public being well served by the quality of the nature of this campaign? yes, we're here today in a formal debate and you to our public going to answer a dozen questions. but both of you have failed a basic standard of transparency and access in this campaign. press conferences are few and far between, if at all. neither one of the performers the basic task of letting us know where you are from day today so we can simply listen to what you are telling voters. it is pretty basic stuff. your campaign, is your campaign serving the voters of connecticut? >> i am out every single day. i have traveled our state and visited a over 250 businesses. i've been over 160 living rooms around the state. i like to bring our message directly to the people of connecticut. i like the folks of connecticut to be able to look me in the eye and a
focusing tax cut on the middle class, not as linda mcmahon does by focusing tax cut on the affluent and the rich. my focus is reinvesting in the educational system, not the funding are most potent asset in the state. >> the next question is for mrs. mcmahon. >> is the public being well served by the quality of the nature of this campaign? yes, we're here today in a formal debate and you to our public going to answer a dozen questions. but both of you have failed a basic standard of...
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i want to cut taxes, president obama wants to raise taxes. historically that has been a devastating argument. for the president and joe biden to talk about raising taxes when you have millions and millions of americans out of work, it does not seem to work, and everyone knows the actual tax hikes will do almost nothing for the deficit. so it is just kind of catnip for the left. let's raise taxes on the rich. class warfare. i don't think it is a successful economic strategy, and i'm not sure it will or politically either. gerri: interesting days. that is for sure. you will have you back to talk more. when we come back to be searching for a deal, but prescription drugs online presents a all new sets of problems. we will explain. an age-old question resurfacing. can women have it all? are we dissing mother had? this is going to be a panel. you will love it. it will be a lot of fun. ♪ all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our enviro
i want to cut taxes, president obama wants to raise taxes. historically that has been a devastating argument. for the president and joe biden to talk about raising taxes when you have millions and millions of americans out of work, it does not seem to work, and everyone knows the actual tax hikes will do almost nothing for the deficit. so it is just kind of catnip for the left. let's raise taxes on the rich. class warfare. i don't think it is a successful economic strategy, and i'm not sure it...
SFGTV2: San Francisco Government Television
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Oct 6, 2012
10/12
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SFGTV2
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so we have to expand and once we do, it will create jobs, revenue and taxes for the city. we have a whole expansion team. it's' private-public partnership. all partnering to make this thing happen. so what is our goals? is that location has changed dram itally and to work cost-effectively to stay onbudget and deliver the project. so this is the context of where we're looking at. it's right on the lines of new central subway. there will be a moscone stop. we have three separate buildings, south opened 32 years and north opened 20 years and moscone west opened a little over ten years ago. for the study looked at that whole area and looked at the three moscone sites and the two garages, 5th and missing the and the moscone garage between folsom and howard. one of the problems with moscone center it was built basically when the neighborhood was not what it is today. and it was built kind of in independent, isolated area to almost a suburban-type building in what has been a very urban area. we market san francisco as a pedestrian-friendly city and pedestrians are not allowed to
so we have to expand and once we do, it will create jobs, revenue and taxes for the city. we have a whole expansion team. it's' private-public partnership. all partnering to make this thing happen. so what is our goals? is that location has changed dram itally and to work cost-effectively to stay onbudget and deliver the project. so this is the context of where we're looking at. it's right on the lines of new central subway. there will be a moscone stop. we have three separate buildings, south...
SFGTV: San Francisco Government Television
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Oct 11, 2012
10/12
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SFGTV
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if you're the tax collector, and you misrepresent your income on your income taxes, that's not purely private misconduct. that is a matter of public concern because it shows the public that it has a fox in the henhouse, essentially. that's very different, if, for example, you're an animal control officer and you misrepresent your income on your taxes. and think of it in reverse. what if you're an animal control officer. is there a relationship to the duties of your position if you're running a dog fight ring? in your private time? of course there is. no one wants michael vic in control of the animal control department. at the same time, if michael vic -- i'm sorry, at the same time if that person isn't fairly disclosing all of their income on income taxes, that may not have an official dimension. that may be purely private misconduct because there is no apparent overlap between the misconduct and the duties. chairperson hur explained i think quite eloquently his concern that the relationship test needs to be a bright line test. and the only way to do that, in his view, is to exclude t
if you're the tax collector, and you misrepresent your income on your income taxes, that's not purely private misconduct. that is a matter of public concern because it shows the public that it has a fox in the henhouse, essentially. that's very different, if, for example, you're an animal control officer and you misrepresent your income on your taxes. and think of it in reverse. what if you're an animal control officer. is there a relationship to the duties of your position if you're running a...
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Oct 9, 2012
10/12
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WMAR
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i agree with henry george that a tax on land is the fairest tax. land should be taxed according to location or value. improvements to land should be taxed. income should be steeply graduated so that those with very little income and no tax and the wealthy, including big corporations pay high rates. another pen i shale fact is sin tax. increase taxes on tobacco, alcohol, dunns and fossil fume and begin taxing marijuana and gambling. election reform, i've been working for it since in the 1930s. we need fair pal will the access, proportional representation and fair vote. rocky anderson, the former mayor of salt lake city is running for president. he has run no huge hurdles to organize the new justice party anderson says the two major parties have a strangle hold on the ballot. >> i'm sorry hour five minutes are -- our five minutes are up. thank you for coming in. we want to remind you if you'd like to see a this again, you may as well as other candidates' statements on abc2news.com/politics and don't forget to vote on tuesday, november 6th. >> thank y
i agree with henry george that a tax on land is the fairest tax. land should be taxed according to location or value. improvements to land should be taxed. income should be steeply graduated so that those with very little income and no tax and the wealthy, including big corporations pay high rates. another pen i shale fact is sin tax. increase taxes on tobacco, alcohol, dunns and fossil fume and begin taxing marijuana and gambling. election reform, i've been working for it since in the 1930s....